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Cryptocurrency News Articles
Bitcoin Price Predictions for 2025: A Bullish Outlook Targeting $150K
Jan 30, 2025 at 01:03 am
Our analysis for 2025 forecasts bitcoin reaching a target of $150,000 in the first half of the year.
Our analysis for 2025 forecasts bitcoin (BTC) reaching a target of $150,000 in the first half of the year. However, an initial pullback may occur in Q1 if the newly inaugurated Trump administration fails to introduce the anticipated “Strategic Bitcoin Reserve” at the pace expected by the fast-moving crypto market.
Even without a fully implemented reserve strategy, bitcoin is expected to rally, driven by bullish momentum. We anticipate the price to enter the $130,000–$150,000 range by Q2 of 2025, supported by strong market catalysts.
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The bitcoin price pulled back last week from highs of $108,300 after a strong buying setup played out on the weekly timeframe, according to the DeMark TD Sequential indicator. The indicator's "propulsion" target was hit precisely, as was a 10% correction down to the $90,000 zone, where buy signals emerged on lower time frames.
After reaching the indicator's target and completing a correction, bitcoin was 'bought with conviction' at lower price points, as indicated by the indicator. A propulsion target is a predefined price level derived from a series of calculations that help traders identify key areas of potential support or resistance. These targets are designed to indicate where the price might move in the future, often serving as potential breakout or exhaustion points.
This widespread interest signifies a strong foundation for bitcoin’s upward trajectory in 2025.
Quantitative models and risksWhile optimism runs high, our quantitative models flag no potential risks under $90,000. Specifically:
Bitcoin price daily chart with quantitative analysis. Source: TradingView
The DeMark TD Sequential indicator suggests bitcoin is on a bullish setup on the weekly timeframe after reaching its propulsion target of $108,300 and completing one of its typical 10% corrections down to $90,000, which was bought with conviction. A propulsion target is a predefined price level derived from a series of calculations that help traders identify key areas of potential support or resistance. These targets are designed to indicate where the price might move in the future, often serving as potential breakout or exhaustion points.
Dollar strength and macro risksThe U.S. dollar’s weakness in the coming weeks and months presents another catalyst for crypto:
The dollar strength index (DXY) has broken down from a descending channel on the daily timeframe after rallying throughout 2024. This price action may lead to a further sell-off in the coming months, which could drive capital into crypto.
Bitcoin price 4HR chart with dollar strength overlay. Source: TradingView
A dollar sell-off may present a “golden cross” on the four-hour bitcoin price chart, which could provide further support for the crypto asset. A golden cross occurs when the 50-day moving average (MA) crosses above the 200-day MA, typically indicating a bullish trend.
SummaryDespite potential near-term volatility and choppy price action, we maintain a strong bullish outlook for bitcoin in 202
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- XRP Ledger DEX Volumes Surpass $400M as Network Gains Traction Among Larger Players, Says Ripple CEO Brad Garlinghouse
- Jan 30, 2025 at 09:50 pm
- Swap volumes on XRP Ledger's decentralized exchange (DEX) crossed the $400 million mark in January as the network gains traction among larger players, Ripple Labs CEO Brad Garlinghouse said in a community call on Wednesday,
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- XRP vs. PropiChain: Which One Has the Potential to Deliver Exponential Returns?
- Jan 30, 2025 at 09:50 pm
- The cryptocurrency market has always been dynamic and highly volatile, with opportunities and risks existing side by side. Among the numerous digital assets that are creating a buzz in the space, XRP and PropiChain have been drawing significant attention.
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- al repression.”output
- Jan 30, 2025 at 09:50 pm
- trategy: The Bitcoin Standard